Wednesday 4 September 2019

Indices closed UP .91% to 1.30%....NICE !!!!

Indices closed UP.

S&P 500 @ 2937.78, high 2938.84, low 2921.86

RSI @ 53.37

CMF @ 0.164

Internals were :

UP volume led by 7.29 to 1 in NYSE & 3.21 to 1 in Nasdaq

Advancing stocks led by 4.13 to 1 in NYSE & 2.09 to 1 in Nasdaq

Net new 52 wk highs were leading by 264 in NYSE & 0 in Nasdaq

VIX Down 11.85% @ 17.33

Oil @ $56.26

Gold @ $1560.40

Stocks which were UP 3% or more included LSCC MRVL SPWR
TWTR JKS UBER MU LRCX NIU ROKU VICR AMAT WB
WYNN TSM KBH X M ......

AH news....PANW UP 5.87%, WORK Down 14.03%

AH Futures UP

AH Asian Markets UP

AH Oil & Gold Down

About market, TAPE closed @ high of the day. Internals were strong. Most sectors participated in today's rally. Semiconductors were strong. Looks like we have another UP day again on Thursday based on futures. Exposure can be increased to get in @ low point in market.

BLOG does NOT give buy or sell.

Saleem

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